United Maritime Corporation
USEAIndustrials · Stock · quarterly payer
Forward Yield
15.87%
Annual Dividend
$0.40
Payout Ratio
32%
5-Yr Growth
—
Ex-Date
Jun 29, 2026
Frequency
Quarterly
Summary
As of July 2026, United Maritime Corporation (USEA) yields 15.87% ($0.40 per share annually), with a blended fair-value estimate of $0.89 — -65% downside, so it screens as overvalued. Dividend safety grade: C (54/100).
Is USEA a good dividend stock?
MixedUnited Maritime Corporation (USEA) pays a quarterly dividend yielding 15.87% ($0.40/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (32%)
Risks
- Cut its dividend in 2025
- Very high yield can signal elevated risk
Key Data
- Dividend Yield
- 15.87%
- Payout Ratio
- 32%
- Annual Dividend
- $0.40
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 29, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 0.73
- Market Cap
- $23.4M
- P/E Ratio
- —
- 5-Yr Total Return
- —
- 52-Week Range
- $1.42 – $2.82
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
USEA Price — Last 12 Months
Daily close
Price Return
1 Year
+51%
3 Years
+6%
5 Years
—
52-Week Range
$1.42 – $2.82
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is USEA worth?
Overvaluedlow confidenceOur blended fair-value estimate for United Maritime Corporation is $0.89 per share, versus a market price of $2.52. That implies 65% of downside.
Fair Value
$0.89
Current Price
$2.52
Downside
-65%
Margin of Safety
-183%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
At today's price, the market is pricing in about 19.7% annual free-cash-flow growth. We model 15.6% — so the price already assumes faster growth than we think is likely.
Assumptions: 7.9% discount rate (CAPM), 15.6% stage-1 growth, 2.5% terminal growth, -$0.19 EPS, $0.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
USEA Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 29, 2026 | — | $0.1000 | regular |
| Mar 27, 2026 | — | $0.1000 | regular |
| Dec 29, 2025 | — | $0.0900 | regular |
| Aug 18, 2025 | — | $0.0300 | regular |
| Jun 30, 2025 | — | $0.0100 | regular |
| Mar 27, 2025 | — | $0.0100 | regular |
| Dec 27, 2024 | — | $0.0750 | regular |
| Sep 27, 2024 | — | $0.0750 | regular |
| Jun 25, 2024 | — | $0.0750 | regular |
| Mar 21, 2024 | — | $0.0750 | regular |
| Dec 21, 2023 | — | $0.0750 | regular |
| Sep 21, 2023 | — | $0.0750 | regular |
| Jun 21, 2023 | — | $0.0750 | regular |
| Mar 21, 2023 | — | $0.0750 | regular |
Income Calculator
At $0.40 / yr per share
